Regulatory Landscape
The Challenge
The UK's FCA offers a progressive sandbox for fintech. Ledger1 leverages this to pilot automated insurance underwriting. We are fully compliant with the new UK crypto asset promotion rules.
The Compliance Engine
Utilizing the FCA Innovation Sandbox, Ledger1 runs parallel reporting nodes. Every insurance policy underwritten is simultaneously hashed to a private ledger, providing regulators with a real-time "View Mode" that replaces quarterly audits.
Regional Terminology
Zero-Knowledge Proof
A cryptographic method by which one party can prove to another that a statement is true without revealing any information apart from the fact that the statement is true.
Smart Legal Contract
A legally binding agreement where natural language clauses are paired with executable code that automatically enforces the terms.
Local Token Economy
What's being traded?
Parametric insurance policies, reusable KYC credentials, and Lloyd's syndication risks. The London node optimizes for high-frequency risk transfer and automated claim settlement.